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Using these data from the comparative balance sheet of Sheridan Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as
Using these data from the comparative balance sheet of Sheridan Company, perform horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to O decimal places, e.g. 12%.) Accounts receivable Inventory Total assets Dec. 31, 2022 $ 450,800 $684,250 $3,046,950 Dec. 31, 2021 $ 392,000 $575,000 $ $ $2,745,000 $ Amount Increase or (Decrease) 58800 109250 301950 Percentage 10 % % %
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